Munich Re: Comparatively few major natural catastrophe losses in first half-year

The statistics for natural catastrophes for the first half of 2014 have been marked by pleasingly low levels of global claims. Overall economic losses of US$ 42bn and insured losses of US$ 17bn to the end of June were considerably below the average for the past ten years (US$ 95bn and US$ 25bn respectively). Thankfully, the number of deaths caused by natural catastrophes was also comparatively low. However, towards the end of the year the natural climate phenomenon El Niño may impact regions differently in terms of the number and intensity of weather extremes.

More information about the natural catastrophes can be found at PreventionWeb website.